Turkish Petroleum signs contract with the U.S. based Rowan Companies for drilling two hydrocarbon wells in the Mediterranean Sea for an estimated period of 100-140 days, the U.S. company announced on Monday.
read more... 25/09/2018
Oil crude prices fell slightly on Monday, as trade tensions between U.S. and China could have an impact on the global demand. Brent crude ended 0.1% down at $78.05 a barrel, but losses were capped by a cut in Iranian outputs. WTI crude also slipped by 0.1% to $68.91 a barrel.
read more... 18/09/2018
Oil crude prices lost momentum on Thursday, mainly due to investors’ focus on mounting trade tensions between the world’s major economies, the U.S. and China, that could threaten demand. Brent crude ended 2% down at $78.18 a barrel. Meanwhile, WTI crude price tumbled by 2.5% to $68.59 a barrel, despite a larger-than-expected draw in U.S. inventories.
read more... 14/09/2018
Oil crude futures continued to rise on Monday, as a decline in exports from Iran ahead of the November deadline for the implementation of new U.S. sanctions supported prices. Brent crude traded 0.7% higher at $77.37 a barrel. However, WTI crude dropped by 0.3% to $ 67.54 a barrel, because of higher U.S. inventories.
read more... 11/09/2018
Algeria's national hydrocarbon company Sonatrach and Turkish Petroleum Pipeline Corporation (BOTAS) extended a natural gas supply agreement for another five years to supply gas to Turkey, Ahmed Mazighi, Sonatrach's vice chairman told Anadolu Agency on Tuesday.
read more... 11/09/2018